W funding rates
W perpetual funding is currently quoted across 5 venues, ranging from +10.9% to +39.7% APR. The most reliable delta-neutral pairing for W right now is long Variational / short Kraken at +12.5% net APR (medium risk, ~4.1d to break even).
as of 2026-09-08 23:19 UTC
Best delta-neutral pairing
Long Variational / Short Kraken
+12.5% net APR
- Backtested (30d)
- +78.3%
- Stability
- 68.2%
- Risk
- medium
- Breakeven
- ~4.1d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeW funding by exchange
| Exchange | Funding APR |
|---|---|
| Kraken | +39.71% |
| Extended | +11.39% |
| Hyperliquid | +10.95% |
| Variational | +10.95% |
| Grvt | +10.95% |
Frequently asked
What is the W funding rate right now?
W perpetual funding ranges from 10.95% to 39.71% APR across 5 exchanges we track; the widest delta-neutral spread is long Variational / short Kraken at 12.5% net APR.
Which exchange has the highest W funding rate?
Kraken currently has the highest at 39.71% APR. See the full ranking above.